United States — Texas
Insurance Code § 912.304
1 provisions
A county mutual insurance company may reinsure its risks and enter mutual or reciprocal reinsurance arrangements, but only within the stated conditions.
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4,174 matching statutes
United States — Texas
1 provisions
A county mutual insurance company may reinsure its risks and enter mutual or reciprocal reinsurance arrangements, but only within the stated conditions.
United States — Texas
1 provisions
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United States — Texas
1 provisions
The commissioner must file the submitted documents, decide whether to approve or deny a certificate-of-authority application, issue a certificate to qualifying foreign or alien insurance companies, review the company’s operational history against listed factors, and hold a denial hearing if the applicant asks for one.
United States — Texas
1 provisions
This section limits who it applies to and says the department cannot authorize a covered foreign or alien insurance company unless it meets minimum capital and surplus requirements.
United States — Texas
1 provisions
A domestic insurance company generally may not cover more than $10,000 of risk for one person under accident, health, or hospitalization policies unless it meets the stated capital requirement. Some companies that stopped writing those policies before January 1, 2002 and notified the commissioner are temporarily exempt
United States — Texas
1 provisions
This section defines “domestic company” and “insurance holding company system” for this chapter.
United States — Texas
1 provisions
This section defines key insurance terms used in the chapter.
United States — Texas
1 provisions
The mutual holding company must keep a majority of the voting shares, and the initial shares must be issued to it. Those shares cannot be transferred or encumbered in the ways listed.
United States — Texas
1 provisions
The department must authorize a qualifying foreign mutual insurance company to write permitted insurance in Texas, and the company may not use a confusingly similar name.
United States — Texas
1 provisions
Some undercapitalized insurance companies must raise capital on a schedule and immediately after certain control changes.
United States — Texas
1 provisions
Foreign and alien life and mutual insurance companies must meet minimum capital or surplus requirements before the department may issue a certificate of authority, and before they may do business in Texas.
United States — Texas
1 provisions
People connected to a mutual insurance company may lend it needed money, the company may repay loans and agreed interest only from surplus, the loans are not treated as liabilities, the company may not pay loan-related commissions or promotion expenses, and it must report each loan in its annual statement.